CBN may halt interest rate hike — Report
Nigeria’s annual inflation rate fell to a six-month low in August, offering the Central Bank…
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Telcos begin disconnection of phone lines not linked to NIN
Telecommunications operators are expected to start disconnecting mobile telephone lines that are not linked to…
Access Corp, MTNN drive equity market to N607bn gain
The Nigerian equity market gained N607bn in market capitalisation in the past week, on the…
Banks borrowed N3tn from CBN in one week – Report Banks borrowed N3tn from CBN in one week – Report
Nigerian banks and discount houses borrowed N3tn from the Central Bank of Nigeria through the…
NAICOM Boss Harps On Innovation As Tool For Reforms In Insurance Sector
The Commissioner National Insurance Commission (NAICOM), Olusegun Omosehin, has said that the insurance sector must…
NERC fines AEDC N1.69bn for overbilling customers
The Nigerian Electricity Regulatory Commission has imposed a N1.69bn fine on Abuja Electricity Distribution Company…
External reserves grow by $424.68m – Report
Nigeria’s external reserves recorded an increase of $424.68 million between August 30 and September 10,…
Dangote Petrol Rolls Into Nigerian Market As Naira For Crude Sale Issue Settles
Beginning from October 1, 2024, the Nigerian National Petroleum Company Limited (NNPCL) will begin…
Lasaco Assurance completes N11.1bn capital raising
Lasaco Assurance Plc has successfully concluded its capital raising initiative, securing N11.1bn via a private…
CBN gives PoS operators one month to use aggregators
The Central Bank of Nigeria has directed that all Point of Sale operators must route…